Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $352.50 short put and a strike $347.50 long put offers a potential 81.82% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $352.50 by expiration. The full premium credit of $2.25 would be kept by the premium seller. The risk of $2.75 would be incurred if the stock dropped below the $347.50 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Boeing is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Boeing is bullish.
The RSI indicator is at 64.67 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing, MIT to open autonomous flight research center in Cambridge
Wed, 01 Aug 2018 09:26:51 +0000
The center marks the first substantial lease in the Greater Boston area for the Chicago-based aerospace giant, as well as the first commercial deal for MIT’s long-planned Kendall Square Initiative.
The Blue Angels are back and so are interstate closures for the Seafair airshow
Wed, 01 Aug 2018 06:47:24 +0000
The closures will affect Interstate 90, Interstate 5, State Route 520 and traffic on Mercer Island between Seattle and Bellevue on Thursday, Friday, Saturday and Sunday.
Boeing to Establish New Aerospace & Autonomy Center
Wed, 01 Aug 2018 05:00:00 +0000
CAMBRIDGE, Mass., Aug. 1, 2018 /PRNewswire/ — Boeing [NYSE: BA] today announced plans to open the new Boeing Aerospace & Autonomy Center in Cambridge, Mass., becoming the first major tenant of the Massachusetts Institute of Technology's (MIT) new mixed-use district in Kendall Square. Under the agreement, Boeing will lease 100,000 square feet of research and lab space inside a new 17-floor building at 314 Main Street in Cambridge. The new center will house employees from Boeing and subsidiary Aurora Flight Sciences, who will focus on designing, building and flying autonomous aircraft and developing enabling technologies.
Asiana Airlines replaces Boeing 777 with Airbus A350 for Seattle flights
Wed, 01 Aug 2018 00:16:12 +0000
Asiana is the only airline flying the new-generation "extra-wide-body" passenger jet to Seattle, though at least two airlines plan to start next year.
Stocks – S&P 500 Closes Higher Amid Trade Optimism, Tech Rebound
Tue, 31 Jul 2018 23:27:00 +0000
Investing.com – The S&P 500 closed higher as investors cheered a report that the U.S. and China were in talks to avert full-blown trade war.
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